Houthis say Saudi airstrikes near Sanaa killed at least 25, a day after the Taiz market attack

Update. Airstrikes on the town of al-Shariyah, east of Sanaa, killed at least 25 people on Saturday, including women and children, according to media linked to Yemen's Houthi movement, as reported by BBC News. The Houthis blame Saudi Arabia. BBC says the Saudi-led coalition had not commented. This comes one day after the market attack in Taiz province that we covered in Friday's story.

What the reports say

The toll differs by report. BBC cites Houthi outlets for at least 25 dead. The Times of Israel quotes a spokesman for the Houthi-run health ministry as saying 22 were killed and 30 wounded, with recovery from the rubble still under way. A later headline attributed to the Houthi health ministry puts the number at 27; we saw that headline only and did not read the full article. Every figure comes from one party to the war, and none has been independently verified.

Who is blamed. The Houthis' Saba news agency called it a Saudi attack. Both BBC and the Times of Israel report that Saudi Arabia made no immediate comment. We cannot say from published reporting who carried out the strike.

The missile hours earlier. BBC reports the Saudi-led coalition said it intercepted a missile heading toward Riyadh hours before the strike; the Times of Israel describes it as a Houthi cruise missile. A Houthi leader, Mahdi al-Mashat, vowed revenge for the latest attacks, per BBC.

The wider picture

BBC says Yemen's war had been dormant for years and reignited as a result of the Iran war, after a truce frayed when Saudi Arabia struck Sanaa airport to stop an Iranian plan landing there. The Houthis then hit Abha airport and Saudi ships using the Red Sea as an alternative oil export route to Hormuz. The UN says more than 1,600 people have been killed and over 300,000 displaced since fighting resumed, according to BBC. The Times of Israel adds that the Houthis have declared a maritime blockade of Saudi Arabia.

What it means for markets

Futures are closed for the weekend, so these are Friday's closes from Yahoo Finance's front-month series, which can differ from the active December contract quoted elsewhere. Percentages are our arithmetic.

Oil. None of this is priced yet; the strike came after Friday's close. Brent is 6.2% below its Monday close of $104.77 on hopes of an Iran deal, and the Saudi-Houthi front matters to crude because BBC says Saudi Arabia has been routing exports through the Red Sea. Watch for Houthi attacks on those ships or Saudi facilities, which would hit supply directly. Shipping and insurance. The Red Sea is where the Houthi blockade threat sits, so war-risk premiums for that route are the exposure; we have no new shipping incident to report. Airlines and airspace. the Times of Israel reports Houthi strikes forced Riyadh's airport to close for two weeks; check airline notices for Saudi routes. Defense stocks. ITA rose 1.3% Friday and is the instrument most tied to escalation headlines. US consumers. Pump prices follow crude with a lag, and crude fell on the week.

Watch next: a Saudi or coalition statement, any independent or UN count of the dead, and whether the Houthis follow their vow with attacks on Saudi targets. More: crude oil chart, War Room.

Sources: BBC News, The Times of Israel, Yahoo Finance. Casualty figures and claims of responsibility are the parties' own and unverified. This is market information, not investment advice.